GEORGE TOWN: Penang’s allure for American investors remains strong as the state offers a fertile ground for business growth, backed by robust infrastructure and a talented workforce, said US diplomat
The US Embassy chargé d’affaires in Kuala Lumpur said American companies have played a critical role in generating high-value, high-paying jobs over the decades in Penang.Mida and InvestPenang data show that US investments in Penang in the manufacturing sector hit over US$6 billion cumulatively from 2008 to June this year.
SPONSORED CONTENT Daily Express members: Enjoy 1 for 1 signature cocktails and more at Hyatt Centric Kota Kinabalu Kota Kinabalu: DAILY EXPRESS is partnering with Hyatt Centric Kota Kinabalu to offer an exclusive deal for our members. Read more “It is heartening to see that American companies are investing in Penang, creating more jobs. Most of these plants in Penang are run by Malaysians, by a Malaysian workforce,” he told FMT in an interview here.
“The private sector is making substantial efforts to support their business interests by investing in workforce development. The US government stands ready to collaborate with Malaysian agencies to further enhance skills development,” he said.
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